Morgans Best Ideas: June 2020
About the author:
- Author name:
- By Andrew Tang
- Job title:
- Analyst - Equity Strategy
- Date posted:
- 04 June 2020, 11:45 AM
- Sectors Covered:
- Equity Strategy and Quant
The S&P/ASX 200 has surged 23% since the 23 March low. Investors appear to be putting aside the economic hit from the COVID-19 crisis as a one-off. However, with many stocks now looking fully valued, we adopt a more cautious view of the market.
Stock selection and tactical positioning will be key to preserving capital while capturing upside to the recovery scenario. We identify 12 large cap and 22 mid-small cap names that we think will outperform as we enter the exit phase of the COVID-19 crisis.
Key additions this month include TPG Telecom, Bapcor, Superloop, Senex Energy and Corporate Travel Management.
We have removed Sonic Healthcare, Flight Centre, Dominos Pizza, Beach Energy and Telstra.
View our Best Ideas list for June 2020
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